Archive · 19 Jun 2025
HDFC Bank CEO Seeks to Quash FIR Over Alleged Bribe
The CEO of HDFC Bank is trying to stop an investigation against him.
He is accused of taking a bribe of over 2 crore rupees to help someone control a trust.
The hospital's trust filed the complaint.
The CEO says the accusation is false and the complaint is in retaliation for the bank trying to recover a loan.
A diary with notes of money transfers was found and the police were told to investigate.
Two judges have stepped aside from the case due to a conflict of interest, and the court will now decide if the investigation will go ahead.
HDFC Bank CEO Sashidhar Jagdishan seeks to quash an FIR accusing him of accepting a bribe.
The FIR, filed by Lilavati Kirtilal Mehta Medical Trust, alleges a Rs 2.05 crore bribe.
Jagdishan claims the FIR is retaliatory due to HDFC Bank's loan recovery proceedings.
A magistrate court ordered a police probe based on diary entries suggesting bribe payments.
Two judges recused themselves from the case; the high court will hear the pleas.
- Who
- HDFC Bank CEO Sashidhar Jagdishan and Lilavati Kirtilal Mehta Medical Trust
- What
- HDFC Bank CEO seeks to quash an FIR accusing him of accepting a bribe.
- When
- The FIR was registered on May 31; the magistrate ordered the probe on May 29.
- Where
- Bombay High Court
- Why
- Jagdishan claims the FIR is retaliatory and baseless.
Lilavati Trust
HDFC Bank CEO
Bribery Allegations
Lilavati Trust
Accuses HDFC CEO of accepting a bribe.
HDFC Bank CEO
HDFC CEO claims the FIR is baseless and malicious, a retaliatory move.
- Accused
- Sashidhar Jagdishan
- Complainant
- Lilavati Kirtilal Mehta Medical Trust
- Alleged Bribe Amount
- Rs 2.05 crore
- Related Allegation
- Helping retain control of trust
- Loan Default Amount
- Rs 65.22 crore